S&P 500 Gains and Losses Today: Dollar General Soars on Strong Earnings; Intel Stock Slumps
Investopedia·2025-12-04 22:10

Key Takeaways - Dollar General's stock surged 14% after beating quarterly earnings estimates and raising its full-year forecast, indicating strong demand from cost-conscious consumers across income categories [2][7] - Intel's shares dropped nearly 8% after reports that the company plans to retain its networking and communications unit, reversing earlier speculation about a potential sale [5][6] - GE Vernova's stock advanced close to 5% following an increase in price target by Barclays, driven by strong demand for its energy technology products [3] - Meta Platforms' stock rose 3.4% amid reports of potential budget cuts of up to 30% for its metaverse business, which may include layoffs [4] - Kroger's shares fell 4.6% after reporting lower-than-expected revenue for the third quarter, despite adjusted earnings per share surpassing estimates [6][9] - Marriott International's shares declined 3.5% as executives indicated a more subdued outlook for revenue per available room due to softness in U.S. markets [9]